President's Message
Kevin Hostler, President and CEO

Investing in Alaska’s Future

On behalf of Alyeska Pipeline Service Company, I am proud to announce we have pledged a $500,000 contribution to the University of Alaska Fairbanks (UAF). This donation is an investment in Alaska’s future and our company’s future. We are committed to giving back to those institutions that support our state’s economy and strengthen our workforce with top quality graduates. In 2006, Alyeska completed its $300,000 investment in the University of Alaska’s ANSEP (Alaska Native Science and Engineering Program) building in Anchorage.

Throughout the years, Alyeska’s strong relationship with the university system in Alaska has been instrumental to the growth and success of our workforce.

The $500,000 grant will be paid out in installments of $100,000 per year for five years. This donation will be used to bolster three programs at UAF; The Rural Alaska Honors Institute, known as RAHI, will receive $250,000, while the School of Management’s Master’s of Business Administration program and the Science for Alaska Lecture Series will each receive $125,000.

RAHI is a bridging program that assists students in rural Alaska when making the academic and social transition from high school to college. Alyeska will commit $50,000 annually to provide rural students with an interest in science or engineering the opportunity to commence study in these areas.

The contribution to the UAF School of Management, MBA program will provide two annual Alaska Native MBA fellowship scholarships at $12,500 per student for five years.

Alyeska will provide $25,000 per year to the Science for Alaska Lecture Series, organized by UAF’s Geophysical Institute. This program provides free lectures to the public and gives teachers an opportunity to gain continuing education credits.

Our expanded partnership with UAF will continue to strengthen our commitment to Alaska’s future generations by supporting the growth and development of great programs such as these.